QuickBooks Pricing for Small Business: Everything You Need to Know

QuickBooks Pricing for Small Business: Everything You Need to Know

As a small business owner, managing finances is one of the most important aspects of your operation. Keeping track of revenue, expenses, and cash flow is essential, and using software to simplify the process is a necessity. QuickBooks is one of the most popular accounting software solutions on the market, with a range of pricing plans to fit any business. In this article, we’ll take a deep dive into QuickBooks pricing for small business owners, covering everything you need to know.

QuickBooks Essentials

The first pricing plan to consider is QuickBooks Essentials. This plan costs $40/month and is designed for businesses that need access to essential features like invoicing, expense tracking, and bill payment. In addition, you’ll have access to a range of reports to help you monitor your business finances, such as profit and loss statements, statement of cash flows, and balance sheets. The plan supports up to three users, so you can add your accountant or bookkeeper to your team in order to collaborate and streamline your finances.

QuickBooks Plus

The next pricing plan is QuickBooks Plus, which costs $70/month. This plan is designed for businesses that need to track inventory, create purchase orders, and manage 1099 contractors. In addition, the Plus plan supports up to five users, so you can give your team access to the software to streamline your bookkeeping processes. You’ll also have access to a range of reports and insights that will help you make informed business decisions.

QuickBooks Advanced

If you have a larger business or have more complex accounting needs, then QuickBooks Advanced may be the right choice for you. This plan costs $150/month and supports up to 25 users. The plan includes features like customized user permissions, custom fields, and batch invoicing. You’ll also have access to a dedicated account team for personalized support and training. Additionally, the plan includes all the features of the Essentials and Plus plans.

QuickBooks Self-Employed

For freelancers and self-employed individuals, QuickBooks Self-Employed is the perfect solution. At $15/month, this plan includes features like mileage tracking, estimated quarterly tax payments, and invoicing. You can use the software to track business expenses, including home office deductions, and seamlessly track and categorize transactions. You’ll also have access to a range of reports that will help you monitor your business performance and stay on top of your finances.

Final thoughts

In conclusion, QuickBooks offers a range of pricing plans to meet the needs of any small business owner. From Essentials to Self-Employed, there’s a plan for everyone, and each plan includes a range of features to help you manage your finances effectively. No matter which plan you choose, QuickBooks can help you streamline your finances and save time, giving you the freedom to focus on growing your business.

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